Wednesday, August 24, 2011

Easy Money causing switch from promising CSP to Limited PV

Solar Trust Ditches CSP for PV at Massive Blythe Plant, Cites Market Conditions :: POWER Magazine

Solar Trust of America will convert the first 500-MW phase of its massive concentrating solar power (CSP) project under construction near Blythe, in Riverside County, Calif., to photovoltaic (PV) technology because market conditions currently favor PV, the company announced on Thursday.

This is interesting, because CSP held the promise of supply that would be matched to demand - as opposed to the intermittency of generic PV. According to the website, this is not the first project altered to PV from CSP:

This February, Tessera Solar similarly sold its Imperial Project, a 709-MW CSP plant designed to boost Stirling Engine technology, to AES Solar. In May, that project was switched over to PV.

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